Kategorie: Altcoin News

Altcoin news about alternative blockchains and its crypto ecosystems.

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GHOST extends rally as whale scoops 4.8 million tokens

  • GHOST bullish as privacy cryptocurrencies gain traction.
  • It is attracting large investors after gaining more than 60% the previous week.
  • The alt maintains a bullish stance as a whale accumulated 4.8 million tokens.

GHOST is among the few tokens with an upside trajectory as the overall cryptocurrency market displays significant selling pressure.

The digital token thrived in the past few sessions as privacy cryptocurrencies gained increased traction, with Zcash leading the trend.

Meanwhile, GHOST’s remarkable performance is grabbing the attention of dip-pocketed investors.

For context, the alt surged roughly 65% over the past seven days.

According to Lookonchain, a new wallet withdrew 523.39 SOL, worth approximately $100,500, from Binance to buy around 4.8 million GHOST coins over the past 24 hours.

The transaction has stirred speculation due to its timing. Should we expect continued rallies from the altcoin?

The entry appears strategic as it comes amid bullish price actions, likely signaling conviction of extended upsurges for GHOST.

About Ghost

Ghost is a decentralized platform aiming to transform the crypto world with privacy.

The network uses GHOST as its native token. The ecosystem allows individuals to transact anonymously and privately.

While assets like Bitcoin have all their transaction history publicly available, Ghost obfuscates transactions across the network.

It hides transaction details on the senders and receivers’ ends to guarantee maximum privacy.

The altcoin remained in the spotlight in recent sessions as privacy tokens gained increased attention.

For instance, Zcash soared nearly 400% in October as the entire crypto sector struggled with uncertainty. GHOST gained around 115% the previous month.

Whale fuels optimism

The whale transfer has sparked the Ghost community, with social posts mentioning the token gaining attention.

While some questioned the whale’s motives, others perceive the accumulation as a sign of trust in the project.

Trading volumes mirrored the enhanced sentiments. GHOST’s daily trading volume skyrocketed by more than 600% to $2.81k.

That reflects renewed user interest in the digital currency.

Also, Ghost appears to have adequate liquidity on decentralized exchanges. That suggests that organic demand is fueling GHOST’s rally.

GHOST price outlook

The alt maintains an optimistic outlook, changing hands at $0.06215 at the time of writing.

It has gained over 65% and roughly 115% the past week and month.

Technical indicators point to further rallies for the alternative token.

For instance, GHOST is hovering well above the vital 50 and 100 Exponential Moving Averages on the 4Hr timeframe.

That indicates a reliable support barrier for the digital asset.

The Moving Average Convergence Divergence displayed a bullish crossover with robust green histograms.

GHOST will possibly extend its rallies before cooling.

The 4Hr Relative Strength Index reads 72, highlighting overbought situations and the possibility of imminent corrections.

The post GHOST extends rally as whale scoops 4.8 million tokens appeared first on CoinJournal.

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FTT price turns bullish as SBF claims FTX exchange was never insolvent

  • Sam Bankman-Fried and his team continue to defend themselves.
  • SBF’s X account posted a long document on Thursday claiming the exchange wasn’t actually insolvent.
  • FTT has decoupled from broader dips with a 2% uptick.

An X account, currently controlled by a friend of Sam Bankman-Fried, stirred the cryptocurrency market with a post claiming that the firm wasn’t insolvent.

The 15-page document claims FTX encountered a liquidity crisis that “was on track to be resolved by the end of the month” until the exchange’s external counsel assumed control. It declared:

FTX was never bankrupt, even when its lawyers placed it into bankruptcy.

The disgraced founder and his team supposedly wrote the document, which highlights that the exchange didn’t file for bankruptcy after a plan to commit fraud and mishandle billions of customer funds, as the court concluded.

They insist that FTX encountered a liquidity crunch after “a sudden shortage of cash.

Meanwhile, the exchange’s native token, which has survived without solid utility since FTX’s debacle, turned bullish amid the developments.

FTT gained more than 2% on its daily chart to trade at $0.8473.

Its trading volume has increased by over 25%, indicating optimism.

For context, the global crypto market capitalization remained muted the past 24 hours with a mere 0.08% uptick to $3.7 trillion.

FTX had enough funds during the collapse

The document argues that the cryptocurrency exchange and sister company Alameda boasted assets worth $25 billion, alongside $16 billion in equity value, against liabilities worth $13 billion, as it fell in 2022.

That means a net value of approximately $28 billion. It added:

During the crisis, the value of the assets and (presumably) equity took a temporary hit, but even at the peak of the crisis, the companies remained solvent – even if one were to ignore equity.

SBF and his team claim their empire would be worth roughly $136 billion if lawyers didn’t sell assets that they invested in.

That would comprise a $7.6 billion stake in Robinhood broker, $14.3 billion investment in AI startup Anthropic, among other assets.

Community response

However, cryptocurrency enthusiasts and online investigators aren’t buying SBF’s claims.

Some believe these are desperate attempts to secure a pardon, after Donald Trump’s similar move on Binance founder CZ.

Meanwhile, some questioned why FTX suspended withdrawals if it had enough money for creditors.

A DeFi enthusiast and X user, Hanzo, referenced the incident where Bybit suffered $1 billion ETF scam, stating:

Many CEXs went through stress tests after some massive fuck ups, and they all are here.

FTT price outlook

FTX’s native token gained more than 2% amid these developments.

It is hovering at $0.8473, with soaring trading volumes highlighting enthusiasm.

Nevertheless, FTT recoveries will likely be short-lived.

Broader market weakness and negative community reaction to the team’s claims weigh on the digital token.

The post FTT price turns bullish as SBF claims FTX exchange was never insolvent appeared first on CoinJournal.

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Avalon Labs (AVL) releases whitepaper for AI-powered RWA marketplace

  • The whitepaper announces the world’s first AI-backed RWA marketplace.
  • It launches on BNB Chain, welcoming participation from AI developers and GPU owners.
  • AVL gains over 15% on the daily timeframe before cooling.

Amid broader weakness, Avalon Labs fueled optimism through the blockchain industry after releasing its highly anticipated whitepaper.

The document highlights the firm’s mission for launching the world’s first AI-driven RWA marketplace, alongside an AI-MaaS (AI-Model-as-a-Service) platform, which merges blockchain with artificial intelligence.

The new project will debut exclusively on BNB Chain, a move that could welcome lucrative opportunities for GPU owners and AI developers.

The move heralds the next stage of RWA tokenisation’s evolution – powered by innovations beyond blockchain, including self-learning AI programs and intelligent.

According to the announcement:

This marketplace is open to all GPU hardware owners and AI model developers. Our first launch will feature a Reinforcement Learning Model (RL Model) deployed by Avalon abs in collaboration with our AI partner, powered by H200 GPU hardware as the foundation.

Avalon Labs’ alt saw a sharp uptick following the whitepaper release.

AVL soared from the daily low of $0.1436 to $0.1668 – a 16% increase.

However, the digital token has retraced as hype fades and bearish broader sentiments.

Meanwhile, Avalon Labs plans to create a platform that supports artificial intelligence innovation.

The project aims to provide contributors and developers a fair environment to engage in the AI economy.

Avalon to tokenise commercial rights

Beyond the AI-driven marketplace, Avalon Labs also introduced the CRT (Commercial Rights Tokenization) standard.

The concept introduces a new framework for tokenizing commercial rights linked to goods, services, and assets.

CRT might transform how businesses connect with investors and raise capital.

For instance, an enterprise can tokenize rights to future services or sales and offer them to customers via on-chain contracts.

The mode bridged blockchain with traditional commerce to provide a new option for SMEs to access liquidity as investors gain exposure to RWA streams.

The whitepaper highlighted:

CRT isolates and tokenizes commercial rights of access and service. This enables commodities, services, and goods to be legally structured, accessed, exchanged, and monetized through blockchain infrastructure in a regulatory-compliant manner.

Precisely, Avalon Labs is going beyond asset tokenization. It is tokenizing the rights that add value to those assets.

AVL price outlook

Avalon Labs’ native token decoupled from broader declines as the whitepaper sparked optimism.

AVL soared roughly 16% from a daily low of $0.1436 to $0.1668 intraday peak.

Its 24-hour trading volume surged 50% to signal trader enthusiasm.

Nevertheless, it has cooled to $0.1570 as hype fades, possibly as bears rattled the overall cryptocurrency sector.

Continued broader dups could see AVL erasing its latest gains before establishing a decisive trajectory.

The post Avalon Labs (AVL) releases whitepaper for AI-powered RWA marketplace appeared first on CoinJournal.

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Cronos (CRO) rolls out “Smarturn” upgrade for advanced EVM features

  • Cronos EVM v1.5.0 has officially debuted today, October 30.
  • The upgrade introduces new EVM opcodes, smart accounts, and enhanced interoperability.
  • Smarturn targets a more flexible, faster, and developer-friendly blockchain.

The Cronos blockchain has announced the launch of its anticipated Smarturn upgrade, welcoming a new era in its network evolution.

The update brings significant improvements across Cronos’s Ethereum Virtual Machine (EVM), including increased interoperability, enhanced ecosystem performance, and smooth wallet functionality.

According to the announcement:

This mainnet upgrade marks a major leap in Cronos’ evolution – unlocking smart accounts, new EVM features, and improved performance for developers and users alike.

The blockchain temporarily paused operations for roughly 60 minutes to integrate the new components.

Meanwhile, services are resuming gradually as the Cronos ecosystem undergoes a key milestone.

Smarturn aims to revolutionize Cronos through speed and compatibility using its unique innovations.

Smarter accounts arrive on Cronos

The high-end EIP-7702 smart account support is at the core of Cronos’ latest upgrade. With this feature, regular user wallets (Externally Owned Account (EOA) can perform like smart contract wallets.

That helps unlock capabilities previously possible via different accounts. According to the official blog:

EIP-7702 bridges this gap by letting EOAs act like smart contracts. The assigned contract code remains valid until the account issues a new authorization, which can apply to one chain or to multiple chains simultaneously.

Individuals can now perform different activities without changing account types, including using flexible gas payment methods, personalizing permissions, batching many transactions, and programming wallet behavior.

With EIP-7702, Cronos joins the few EVM-compatible platforms boasting such a level of account abstraction, merging automated control with simplicity.

The functionality will advance DeFi platforms and decentralized applications (dApps) on the Cronos blockchain through efficiency and user-friendliness.

Performance sees a massive boost

Furthermore, Cronos upgraded its EVM’s VM to operate on go-Ethereum v1.15.11, aligning with Ethereum’s Prague and Cancun upgrades.

The update aims to make contract execution and transacting cheaper and faster.

Also, it brings comprehensive client improvements and new EVM opcodes on Cronos to enhance efficiency, developer experience, and debugging. The team added:

These opcodes collectively make contract execution more efficient for complex DeFi, gaming contracts that handle multiple operations per transaction, and other computation-heavy applications.

Together, these upgrades make the Cronos EVM runtime faster, lighter, and more developer-centric.

Enhanced interoperability and tools

Smarturn also improves infrastructure for cross-chain builders and developers.

For instance, a new RPC endpoint enables the fetching of full block data in a single query.

That’s a win for dApp backends, analytics dashboards, and blockchain explorers.

Moreover, the mempool now allows users to cancel or speed up pending transactions.

That improves responsiveness amid massive network load.

Also, Cronos has adopted IBC v2 through ibc-go v10.1.1 to bolster cross-chain communication.

CRO price outlook

The alt hovered at $0.1470 after dropping roughly 1.5% the past 24 hours.

Its daily trading volume has collapsed by more than 60%, signaling faded enthusiasm.

Nonetheless, CRO reflects the broader sentiments.

Bitcoin trades below the key $110,000 after shedding nearly 3% of its value over the previous 24 hours.

Markets lost momentum after Powell’s cautious remarks concerning a rate cut in December.

The post Cronos (CRO) rolls out “Smarturn” upgrade for advanced EVM features appeared first on CoinJournal.

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Maple Finance (SYRUP) surges 12% as protocol revenue hits record $2.16M in October

  • Maple Finance (SYRUP) price rose 12% on strong volume.
  • Gains see bulls converge near the key resistance zone of $0.50.
  • The uptick comes as Maple hits a new all-time high in monthly protocol revenue.

Maple Finance (SYRUP) price is experiencing a notable outperformance.

According to CoinMarketCap data, the on-chain asset management platform’s native token has spiked more than 12% in the past 24 hours, outpacing the broader cryptocurrency market.

Notably, gains align with the platform’s record-breaking revenue performance in October 2025, and come amid key recent developments for the Maple Finance ecosystem.

SYRUP price jumps 12%, outpaces crypto market

Cryptocurrencies showed a muted reaction to the Federal Reserve’s 25 basis points interest rate cut on Oct. 29. Prices fell amid Fed chair Jerome Powell’s speech.

Bitcoin and top altcoins also showed a similar outlook during Asian hours on Thursday despite positive U.S.-China trade talks reports.

However, amid this generally subdued crypto market reaction, Maple Finance shone.

The SYRUP token registered an impressive 12% increase over the past 24 hours as it hit highs of $0.45.

This surge saw the DeFi token stand alongside Zcash, Euler and Aerodrome Finance as some of the top performers on the day with double digit gains. While selling has token’s price off intraday highs, bulls are looking to hold near $0.42.

Maple Finance SYRUP
SYRUP price chart by CoinMarketCap

For SYRUP, gains come amid robust trading activity.

CoinMarketCap data shows a sustained bullish momentum on the back of strong trading volume of $76.4 million – up 120% in 24 hours.

As bulls gather near a critical resistance level of $0.50, it appears fresh capital flows into Maple’s offerings and significant sector traction could aid the SYRUP price.

Maple Finance hits $2.16M in monthly protocol revenue

As SYRUP holders cheer their latest gains, also on the agenda is Maple Finance’s milestone of a new all-time high in monthly protocol revenue.

Per details, Maple reached $2.159 million for October 2025. This milestone represents a significant leap from previous months.

Maple Finance
Maple Finance revenue chart from Dune Analytics

For context, revenue figures from earlier months showed a progressive climb.

The protocol started from modest levels around $100,000 in early 2024, before jumping to about $1.2 million by mid-2025. In October, that figure stood at over $2 million.

Notably, the revenue boost stems from increased activity in Maple’s lending and asset management services, which cater to institutional players seeking on-chain solutions.

Protocol fees from borrowing, lending, and yield-generating activities have increased substantially, reflecting the platform’s success in scaling its operations.

Key gains, in both price and revenue, are unfolding against a backdrop of strategic milestones for Maple Finance. One is the sunsetting of SYRUP staking to introduce buybacks.

The platform recently forged a partnership with Aave, a leading DeFi lending protocol, to introduce institutional-grade credit options.

This collaboration allows for the listing of assets like syrupUSDT on Aave’s markets, enhancing liquidity and capital efficiency for users.

Additionally, Maple recently announced reaching $5 billion in assets under management (AUM), a testament to its growing influence in managing on-chain investments.

The post Maple Finance (SYRUP) surges 12% as protocol revenue hits record $2.16M in October appeared first on CoinJournal.